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The Bishops Avenue N2

London

£5,950,000
Listed on 26/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
5730 sqft

Description

Situated on a desirable corner plot in the prestigious Bishops Avenue, this five-bedroom residence offers an expansive layout with considerable potential for modernization or redevelopment. With its generous living spaces, including three receptions that cater to both casual and formal gatherings, this property is primed for customization to align with the preferences of new owners. The five spacious bedrooms and four bathrooms provide a solid foundation for family living, combining practicality with comfort right from the start. Notably, there is ample opportunity to extend or reinvent the existing structure, pending necessary planning approvals. The large plot presents possibilities for enhancements such as an extended kitchen-diner or additional rooms, allowing buyers to curate a personalized family home while also increasing the property's market value. Additionally, off-street parking for multiple vehicles adds further appeal to this offering.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +33.0% above area average per sq ft

+33.0%
This Property
£1,038/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£620
Avg Yield
2.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Target Value
£4,922,643
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -16.1% over the last 12 months
3 year growth: -19.2%
5 year growth: -14.6%
Investment Disclaimer: Analysis based on N2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Bishops Avenue N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£21,459
Based on a loan of £4,462,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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